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84290 Tramonto Way, Indio, CA 92203

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For Sale

$998,900

4 beds3 baths1,926 sqft

Estimated Payment

$ 5,130 /mo.

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $518.64
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

**Stunning Serene Lake Home - Unbeatable Value in Terra Lago!** **Price:** $160,000 BELOW its nearest competitor! Welcome to your dream escape in the prestigious Terra Lago community! Nestled on the highly sought-after side of the lake, this enchanting 4-bedroom, 3-full-bath home boasts unparalleled comfort and stunning natural beauty, all at a price that's significantly lower than comparable properties on the market. With a generous lot size and detached structure, you'll enjoy the privacy and spaciousness that the other side of the lake simply can't offer. **Property Highlights:** - **4 Bedrooms & 3 Full Baths:** Perfect for family gatherings or entertaining friends, this home comes fully furnished, allowing you to move right in with ease. - **Impressive Outdoor Oasis:** Step outside to your private paradise featuring a large pool and spa, expansive covered patio, and breathtaking views of the lake, mountains, and the picturesque European-style bridge. Ideal for summer barbecues and sunset soirees! - **Investment Potential:** Comparable short-term rentals in the area have generated up to $140,000 in annual gross income, making this property not only a beautiful retreat but also a lucrative investment opportunity. This home is ready to start generating passive income immediately! - **Community Amenities:** Enjoy the added peace of mind from 24-hour guard-gated security, alongside access to a beautiful lake, lush green belts, parks, sidewalks, playgrounds, and a clubhouse featuring a fitness center - perfect for an active lifestyle. *Prime Location:** Located in the vibrant city of Indio, known as the 'City of Festivals,' you'll be just minutes away from legendary events like Coachella and Stagecoach. Additionally, exciting developments like futuristic wave parks are on the horizon, positioning this area for explosive growth in the coming years. This lake home presents a rare opportunity to secure a premier investment in a community rich with amenities and potential. Whether you're seeking a vacation retreat, a smart addition to your real estate portfolio, or a strategic 1031 tax exchange purchase, this property is a must-see! On average short-term rentals generate a much higher return on your investment than long-term rentals and you can also enjoy it yourself or the family! *Don't miss your chance - properties like this at such an attractive price piqued for high returns are hard to come by! Contact us today for your private showing!
MLS# 219126729

Courtesy Of HomeSmart Professionals

(760) 844-7500

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Water Front
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Other
  • Floor Covering
    Tile, Tile - Ceramic, Vinyl
  • Heating System
    Central Furnace
  • View Type
    Lake, Mountain

Map and Directions

Directions to 84290 Tramonto Way, Indio, CA 92203
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Home seller CENTURY 21 Coachella Valley Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Coachella Valley Real Estate

(760) 349-8080
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $5,130
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,130

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Andrew Jackson Elementary School

Grades KG-5 Public School


Indio, CA 92201 1.4 miles
82850 kenner ave

668 total students
23:1 Student teacher ratio

Desert Ridge Academy

Grades 6-8 Public School


Indio, CA 92203 4.9 miles
79767 avenue 39

1059 total students
28:1 Student teacher ratio

Shadow Hills High School

Grades 9-12 Public School


Indio, CA 92203 4.8 miles
39225 jefferson st

1991 total students
28:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Amistad High (continuation) 1.2 miles Public 9-12 D-
Richard R. Oliphant Elementary School 1.9 miles Public KG-5 C+
Thomas Jefferson Middle School 2 miles Public 6-8 D
Theodore Roosevelt Elementary School 2.3 miles Public KG-5 C-
Herbert Hoover Elementary School 2.4 miles Public KG-5 C-
Martin Van Buren Elementary School 2.5 miles Public KG-5 C+
Lyndon B. Johnson Elementary School 2.9 miles Public KG-5 C-
Kennedy Elementary School 3 miles Public KG-5 D
Indio High School 3.1 miles Public 9-12 D
Dr. Carreon Academy 3.2 miles Public KG-5 C+
Indio Middle School 3.4 miles Public 6-8 C-
Carrillo Ranch Elementary School 3.4 miles Public KG-5 D
Cesar Chavez Elementary School 3.4 miles Public KG-6 C-
James Madison Elementary School 3.8 miles Public KG-5 D+
Imagine Schools Riverside County 4.1 miles Public KG-8 D+
Coral Mountain Academy 4.3 miles Public KG-6 C-
Palm View Elementary School 4.3 miles Public KG-6 D
Bobby Duke Middle School 4.4 miles Public 7-8 C-
Mountain Vista Elementary School 4.6 miles Public KG-6 C-

Amistad High (continuation)

Distance: 1.2 miles

Type Public

Grades: 9-12

D-

Richard R. Oliphant Elementary School

Distance: 1.9 miles

Type Public

Grades: KG-5

C+

Thomas Jefferson Middle School

Distance: 2 miles

Type Public

Grades: 6-8

D

Theodore Roosevelt Elementary School

Distance: 2.3 miles

Type Public

Grades: KG-5

C-

Herbert Hoover Elementary School

Distance: 2.4 miles

Type Public

Grades: KG-5

C-

Martin Van Buren Elementary School

Distance: 2.5 miles

Type Public

Grades: KG-5

C+

Lyndon B. Johnson Elementary School

Distance: 2.9 miles

Type Public

Grades: KG-5

C-

Kennedy Elementary School

Distance: 3 miles

Type Public

Grades: KG-5

D

Indio High School

Distance: 3.1 miles

Type Public

Grades: 9-12

D

Dr. Carreon Academy

Distance: 3.2 miles

Type Public

Grades: KG-5

C+

Indio Middle School

Distance: 3.4 miles

Type Public

Grades: 6-8

C-

Carrillo Ranch Elementary School

Distance: 3.4 miles

Type Public

Grades: KG-5

D

Cesar Chavez Elementary School

Distance: 3.4 miles

Type Public

Grades: KG-6

C-

James Madison Elementary School

Distance: 3.8 miles

Type Public

Grades: KG-5

D+

Imagine Schools Riverside County

Distance: 4.1 miles

Type Public

Grades: KG-8

D+

Coral Mountain Academy

Distance: 4.3 miles

Type Public

Grades: KG-6

C-

Palm View Elementary School

Distance: 4.3 miles

Type Public

Grades: KG-6

D

Bobby Duke Middle School

Distance: 4.4 miles

Type Public

Grades: 7-8

C-

Mountain Vista Elementary School

Distance: 4.6 miles

Type Public

Grades: KG-6

C-

Local area information for Indio, CA 92203

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Indio, CA 92203

This community’s employment is highest in the sales and construction industries. The area’s overall household expenses are below the national average.

106° July
Hottest Average Month

39° January
Coldest Average Month
11,581 Total Households in Area
27.3%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Indio, CA 92203

Indio, CA 92203 has a population of 32,678 people in 11,581 households with a median age of 41.9 years old.

Up 5.5%
Increase in population
since the year 2010

Population is Trending up
10,941
Total households as of 2010
Up
5.5%

Community Population By Age

Community Population By Ethnicity

Hispanic 50%
White 48%
Other 23%
Asian 4%
Black 2%
Native American 1%

Economics
for Indio, CA 92203

871 /sq mi
Population Density
$82,685 /yr
Median Household Income
$567,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 90%
  • Work from Home 8%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 9,216 67%
Rented 2,365 17%
Vacant 2,241 16%

White vs Blue Collar Jobs







White Collar 77%
Blue Collar 23%

Family & Education Facts
for Indio, CA 92203

41.9 Median Age

Average Household Size

2.8
persons per
household

54.4%

Married Households

Community Population By Education

High School Graduate 26%
Some College 24%
Bachelors Degree 18%
Graduate Degree 11%
Some High School 10%
Associates Degree 9%

Household Family Expenses vs National Average

27.4% of households have children

Weather
for Indio, CA 92203

The weather for this area ranges from a high of 106° F in July to a low of 39° F in January

106° July
Hottest Average Month
39° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
39°
68°
Feb
43°
72°
Mar
48°
77°
Apr
53°
85°
May
61°
93°
Jun
68°
101°
Jul
75°
106°
Aug
74°
105°
Sep
68°
100°
Oct
57°
90°
Nov
46°
77°
Dec
39°
68°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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